BBA Principles of Economic Question Paper 2019-2021
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B.B.A Examination
Principles of Economic
(BBA-N-103)
Time : Three Hours] [Max. Marks : 75
Sectin-A(BBA Question Paper)
(Very Short Answer Questions)
Note : Attempt all five question. Each question carries 3 marks. The answer should not exceed 75 words. (5 x 3 = 15)
- What are the exceptions of law of demand?
- Who is economist?
- Define law of constant return.
- What is a partial oligopoly?
- What do you understand by situational rent?
Section-B (BBA Question Paper)
(Short Answer Questions)
Note : Attempt any two questions, Each question carries 7.5 marks. The answer should not exceed 200 words. (2 x 7.5 = 15)
- What are the conditions which are not satisfied in practical business life?
- What are the basic problems of an economy? Discuss the responsibilities of an economist.
- What are the factors determining the demand for non-durable consumer goods?
Section-C (BBA Question Paper)
(Detailed Answer Questions)
Note : Attempt any three questions. Each question carries 15 marks. Detailed answer is required.
(3 x 15 = 45)
- Differentiate between the nature of demand of producers goods and consumer goods. What are the factors determining the demand for non-durable consumer goods?
- What is monopolistic competition? How would a producer fix the price of this product under monopolistic competition?
- Explain the relationship among fixed cost, total and marginal cost.
- Discuss the importance of economics with special reference to decision making.
- Explain the Ricardian theory of rent.
B.B.A Examination
Principles of Economic
(BBA-N-103)
Time : Three Hours] [Max. Marks : 75
Sectin-A(BBA Question Paper)
(Very Short Answer Questions)
Note : Attempt all five question. Each question carries 3 marks. The answer should not exceed 75 words. (5 x 3 = 15)
- What is perfect competition?
- Give the characteristics of production function.
- Define isoquant.
- What are the four main importances of elasticity of demand in business decisions?
- What is modern view of rent?
Section-B (BBA Question Paper)
(Short Answer Questions)
Note : Attempt any two questions, Each question carries 7.5 marks. The answer should not exceed 200 words. (2 x 7.5 = 15)
- What are the characteristics of monopoly? Give the objects of a monopolist. Draw demand curve of monopoly. Also, differentiate between perfect and imperfect competition.
- What do you mean by marginal utility? Discuss the relationship between total utility and marginal utility.
- Write a note on isoquant map. What are the differences between indifference curves and isoquants?
Section-C (BBA Question Paper)
(Detailed Answer Questions)
Note : Attempt any three questions. Each question carries 15 marks. Detailed answer is required.
(3 x 15 = 45)
- Explain the factors determining demand of cement during next five years in India.
- “Perfect competition is a mayth”. Do you agree? Give reason for your answer.
- Discuss the modern concept of the law of variable proportion.
- What are the methods of analysis in economics? Discuss their advantages and disadvantages.
- Write short notes on :
- Liquidity preference theory.
- Loanable fund theory.
Principles of Economic Notes
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